CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned business and a global energy, grains and foods company, today announced it has invested in Agfarm, an Australia-based grain origination and marketing company.

CHS and Ruralco Holdings Limited (Ruralco), Sydney, Australia, will each own 50 percent of Agfarm. The Agfarm name and management structure will not change.

"CHS is committed to investing for the long term in the Australian market, so that Agfarm growers benefit from even stronger connections to the growing, global demand for high quality grains and oilseeds," said Rick Browne, CHS Ag Business, senior vice president, Asia-Pacific.